Eco-Business reports on the world’s biggest climate conference where negotiators and leaders convene at a critical moment for global transformative action to tackle an existential crisis.
Chinese companies Sinopec, CNOOC, CNPC were among the nine big oil firms who took part in the 17 June auction of oil blocks that sit at the mouth of the Amazon River, revealed environmental non-profit Urgewald. NGO Arayara has filed five lawsuits against the public sale.
The newly-appointed council chair of Climate Governance Malaysia says the United States has conducted itself like a "child holding up a game" at the UN COP summits. He tells Eco-Business why political leaders and company boards must be educated on climate and sustainability.
A protest walkout, frantic last-minute closed-door discussions, and a lot of frustration and anxiety. The COP29 finance talks in Baku had looked like they were about to fall apart running into overtime after last Friday but parties came to a compromise on Sunday and staggered away with a US$300 billion funding deal.